Senior Accountant

Company Description Lapp RHQ Saudi Arabia is a newly established local subsidiary of LAPP, based in Riyadh, created to strengthen the company’s presence and offerings in the Saudi market. LAPP has operated in Saudi Arabia for over a decade, supporting large-scale projects such as Qiddiya, an amusement park with an attached Formula 1 racetrack. The new entity enables greater participation in public tenders and supports LAPP’s Strategy 2027, which focuses on growth in Saudi Arabia and the wider Middle East. Lapp RHQ Saudi Arabia operates an office and training center in Riyadh, providing technical training on automation protocols and cable applications tailored to regional standards. The subsidiary’s portfolio is being adapted to local requirements, with a particular focus on Building Management System (BMS) solutions for complex infrastructure and mega-projects across the country. Role Description The Senior Accountant role is a full-time, on-site position based in Riyadh, Saudi Arabia. The role involves managing daily accounting operations, including general ledger entries, account reconciliations, accounts payable and receivable, and oversight of month-end and year-end closing activities. The Senior Accountant will prepare and analyze financial statements, support budgeting and forecasting, and ensure compliance with local regulations, internal policies, and applicable accounting standards. The role also includes coordinating with external auditors, supporting tax filings, and implementing process improvements to enhance financial accuracy and efficiency. Collaboration with cross-functional teams and regional stakeholders is essential to provide timely financial insights and support business decision-making. Key Responsibilities Accounting & Financial Management • Maintain accurate and up-to-date accounting records in compliance with company policies and Saudi regulations. • Prepare monthly, quarterly, and annual financial statements and management reports. • Oversee general ledger activities, journal entries, account reconciliations, and closing processes. • Monitor accounts payable, accounts receivable, and cash flow activities. • Ensure timely month-end and year-end closing. Taxation & Regulatory Compliance • Ensure compliance with Saudi Arabia tax regulations, including: • VAT filing and reconciliation. • ZATCA compliance and reporting requirements. • Withholding Tax (WHT) where applicable. • E-invoicing (Fatoora) compliance. • Coordinate with external auditors, tax consultants, and regulatory authorities. • Monitor changes in Saudi tax laws and advise management on compliance requirements. Financial Reporting & Analysis • Prepare financial analysis, budgeting, forecasting, and variance reports. • Support management in decision-making through financial insights and data analysis. • Monitor company expenses and identify cost-saving opportunities. • Assist in cash flow forecasting and working capital management. Internal Controls & Audit • Ensure adherence to internal control procedures and company policies. • Support internal and external audit processes. • Review accounting transactions to ensure accuracy and compliance. • Identify risks and recommend process improvements. Other Responsibilities • Assist the Finance Manager with special projects and business initiatives. • Support ERP/accounting system maintenance and process enhancements. • Coordinate with other departments to ensure financial accuracy and compliance. Qualifications & Requirements Saudi National Education • Bachelor's Degree in Accounting, Finance, Commerce, or related field. Experience • Minimum 1 year of experience in Finance and Accounting. • Previous experience in Saudi Arabia and knowledge of local regulations is preferred. Technical Skills • Good knowledge of Saudi tax regulations and ZATCA requirements. • Experience with VAT returns, E-invoicing, and statutory reporting. • Proficiency in Microsoft Excel and accounting/ERP software (SAP, Oracle, Dynamics, Odoo, or similar). • Strong understanding of financial statements and accounting standards. Competencies • Strong analytical and problem-solving skills. • High attention to detail and accuracy. • Ability to meet deadlines and manage multiple priorities. • Excellent communication and interpersonal skills. • Ability to work independently while supporting team objectives. • Strong ethical and professional conduct. Key Performance Indicators (KPIs) • Timely and accurate financial reporting. • Compliance with Saudi tax and statutory requirements. • Successful completion of monthly and annual closing activities. • Accuracy of reconciliations and accounting records. • Audit findings and compliance improvements. Show more Show less